Saudi Non-Profit Sector Sees 22% Revenue Surge in 2024
According to a recent report from the General Authority for Statistics (GASTAT), nonprofit organizations in Saudi Arabia recorded SR 73.1 billion (approximately US$ 19.48 billion) in revenue in 2024, which was 22% higher than that of the previous year.
The increase in revenues was well diversified across different sectors such as education, health, and culture. The education and research-related groups were responsible for 29% of the total revenues of the nonprofit sector. Health organizations contributed 24%, and culture and recreation entities made up 19% of the total nonprofit revenues.
The increase in nonprofit revenues was mirrored by their expenditures. The total expenditures of the nonprofit sector in 2024 increased to SR 60.8 billion from SR 51.8 billion in 2023. The largest expenditure areas were culture & recreation and education & research (24% each) closely followed by health activities (23%).
The amount of compensation given to the staff in the nonprofit sector was also on the rise, being SR 28.9 billion in 2024 which is 15.6% higher than that in 2023. Staff working in education & research and health accounted for 23% of the total each. Social services made up 19%.
As to the number of workers, it seems that the largest share of employees, i.e., 42%, are in culture and recreational activities; social services are 20%, development and housing 9%, while health, education, and research 8%.
Besides revenue and staffing, nonprofit organizations were also active in the acquisition of fixed assets. In 2024, their purchases of fixed assets amounted to SR 4.37 billion. The total sales of their activities stood at SR 1.38 billion, while gross fixed capital formation reached SR 2.9 billion, with health, culture & recreation, and social services leading.
The huge jump here is an example of how the nonprofit sector has become a major new player in the Saudi economy. Backed by a strong increase in income, expenditure, employment and investment, the sector is gradually assuming bigger roles in education, health, social services and culture. The growth is in line with wider social goals and is a signal of increasing institutional capacity and community engagement.
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